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Industry Outlook
Oracle | June 02, 2022
A new study by Oracle Hospitality and Skift shows that 95% of people plan to travel in the next six months – with 29% taking an epic 'revenge travel' trip – however, many want to eliminate the 'touch' from the high touch industry they once knew. Nearly three-quarters (73%) of travelers want to use their mobile device to manage their hotel experience, including checking in and out, paying, ordering food, and more. This is good news for hoteliers looking to tech to mana...
PhocusWire | April 01, 2020
Airbnb is introducing a number of new tools to help push the platform more in the direction of long-term stays during the coronavirus crisis. The company says the move is to give hosts the chance to provide "local accommodation in these challenging times." It claims 80% of hosts now accept longer term stays and around half of its active listings are giving guests a discount on stays of one month or more. There has been a 20% increase in long-stay bookings on Airbnb in the last two week...
SUNx Malta | August 17, 2020
SUNx Malta is working to build a “Climate Friendly Travel” future – Low-carbon: SDG-linked: Paris 1.5 trajectory. Our goal is to help companies and communities boost their Climate Resilience. We know that Covid-19 is today’s harsh reality, but we believe that existential Climate Change will be many times worse, and that we also need to prepare smartly and thoughtfully for a Climate Neutral future, while responding to the pandemic....
Business Travel
Cleartrip, Flipkart | April 16, 2021
Flipkart announced on Thursday that it has agreed to acquire Cleartrip, an online travel and hotel ticketing firm, as the Walmart-owned e-commerce firm seeks to expand its offerings in the world's second-largest internet market. According to a person familiar with the matter, the deal values 14-year-old Cleartrip, which raised approximately $74 million before the acquisition, at approximately $40 million. Cleartrip, like most other travel companies, is under immense stress as ...
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